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Had a good day going through a $50 bag of pennies

PostPosted: Wed Jan 11, 2012 5:38 pm
by mbailey1234
Main point of this is seeing if the centennial Canadian pennies are worth anything. Got 11 of them today out of $50 bag.

Also found 18 other Can. cents, one being 1951.

Then there was a 1956 Republic of Columbia dime I think?? Says "Diez Centavos" on the front and CALARCA under the pic. Looks like silver but not sure???? Worth anything?

2001 Republic of Panama penny which is a first for me.

65 wheats with 7 being pre 1920.

1980 cent and the face appears to be struck off center. Back is fine though.

Copper % was 29% (when weighed) so that wasn't bad either.

Boy was kind of sick so he stayed home from school, we had some fun with it.

Re: Had a good day going through a $50 bag of pennies

PostPosted: Wed Jan 11, 2012 5:51 pm
by DirtyFingers
The diez centavo I believe is copper/nickel :(

Nice going on the pre-20's wheats! Looks like it was a fun bag to sort and a great % :D

Re: Had a good day going through a $50 bag of pennies

PostPosted: Wed Jan 11, 2012 7:48 pm
by TheJonasCollegeFund
mbailey1234 wrote:
1980 cent and the face appears to be stuck off center. Back is fine though.



If the back of the coin is correct then it's call a misaligned die. The "off center" coins will have the same amount of the coin "off centered".

Nice going on the number of wheats and the number of early wheats. We have a tracking thread for pre-1940 wheats found in the wild. Very interesting stuff!

Re: Had a good day going through a $50 bag of pennies

PostPosted: Wed Jan 11, 2012 8:04 pm
by mbailey1234
I got our local bank to hold their pennies for me and we got three bags from them yesterday. I am kind of excited about what may be in the other two.

Last week I picked up $20 in rolls from another location and they only ran 16% plus there were only 3 wheat's in the whole bunch.

We haven't been doing this very long but are the Canadian centennial's very common? I had only found 2 of them before today.

Re: Had a good day going through a $50 bag of pennies

PostPosted: Wed Jan 11, 2012 8:21 pm
by TheJonasCollegeFund
mbailey1234 wrote:
We haven't been doing this very long but are the Canadian centennial's very common? I had only found 2 of them before today.

Is that the "Rock Dove" coin...looks like a seagull to me....if so....very common. I found a BU one once....still very common but cool.

If you're not saving the canadian coppers, you should, someone here will be glad to take them off of your hands. :D

Re: Had a good day going through a $50 bag of pennies

PostPosted: Wed Jan 11, 2012 10:42 pm
by mbailey1234
Found the info on the Canadian "Rock Dove" on wikipedia. Pretty rare, only 345,140,645 of em made!! :shock:

I'm thinking if everyone hurrys, there may be a few more chances to get one. ;)

I know Lincoln's would only qualify for #2 copper scrap since they are only 95% but what about the Canadians? 98% should be #1 shouldn't it?

Re: Had a good day going through a $50 bag of pennies

PostPosted: Wed Jan 11, 2012 10:45 pm
by henrysmedford
We find them! :mrgreen:
Image

Re: Had a good day going through a $50 bag of pennies

PostPosted: Thu Jan 12, 2012 9:26 pm
by uthminsta
mbailey1234 wrote:Boy... stayed home from school, we had some fun with it.

Looks like this is the best return for your $50 investment!

Re: Had a good day going through a $50 bag of pennies

PostPosted: Thu Jan 12, 2012 10:03 pm
by knibloe
uthminsta wrote:
mbailey1234 wrote:Boy... stayed home from school, we had some fun with it.

Looks like this is the best return for your $50 investment!


+1

Re: Had a good day going through a $50 bag of pennies

PostPosted: Fri Jan 13, 2012 5:11 pm
by mbailey1234
We got through the other 2 bags. I weigh them before we start just to try to predict the outcome. One of the remaining bags was 28.7# which is pretty much normal (yielded about 21%). The other one was 31.9# though. Figured we just got extra pennies for free but soon realized we hit the copper vein when we started going through them. Only 6 wheats in the whole bag and 8 canadians but the yield was 53% copper! There were loads of 60's & 70's pennies that looked like new. I would say someone dumped their piggy bank and we got it.

Funny to me how much difference there can be in 3 bags from the same bank. All three were above average from anything we have done that was received in rolls from the Federal Reserve. Not to mention the time savings not having to unwrap them all.

Re: Had a good day going through a $50 bag of pennies

PostPosted: Sat Jan 14, 2012 12:00 am
by MUTiger
mbailey1234 wrote:We got through the other 2 bags. I weigh them before we start just to try to predict the outcome. One of the remaining bags was 28.7# which is pretty much normal (yielded about 21%). The other one was 31.9# though. Figured we just got extra pennies for free but soon realized we hit the copper vein when we started going through them. Only 6 wheats in the whole bag and 8 canadians but the yield was 53% copper! There were loads of 60's & 70's pennies that looked like new. I would say someone dumped their piggy bank and we got it.

Funny to me how much difference there can be in 3 bags from the same bank. All three were above average from anything we have done that was received in rolls from the Federal Reserve. Not to mention the time savings not having to unwrap them all.


A bag I got around Thanksgiving yielded about $39 in copper with another $4 in Canadian copper. Of the US copper I separated about $10 out that I considered red AU-BU. Fun bag to sort and I suspect the same thing, someone dumped Grandpa's change jug.

mutiger

Re: Had a good day going through a $50 bag of pennies

PostPosted: Sat Jan 14, 2012 12:53 am
by Elcid69
Thanks all for this info - I'm a 3 month newbie and all I can get in my small S.C town are boxes of 25.00 rolls, mostly Fed boxes that return about 21% or a small amount of CRW and they yield about 29%. Re-wrapping is real time consuming, but that is the only way I can return them to any of my banks - no coin machines near. Any suggestions?